Are ETH Bulls Taking Control? #Liquidations Ethereum has left a big mark on liquidation charts over the past 7 days:
š» Long liquidations: $2.99 billion
šŗ Short liquidations: $5.05 billion
The price rebounded from the $2,137 level to reach $2,689. The massive liquidation in short positions particularly indicates that bullish expectations are strengthening.
Will the market experience relief after such a large-scale leverage cleanup, or will a new sharp move follow?
š¬ What do you think the next move will be?
